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DHSC announce consultation on April 2024 scheme regulation changes
The Department of Health and Social Care has announced a consultation on proposed amendments to the NHS Pension Scheme regulations to be introduced in April 2024.
The proposals are to:
deliver phase 2 of the review of member contributions…
Your options for a flexible retirement
The Department of Health and Social Care (DHSC) is making changes to the NHS Pension Scheme rules to enable NHS staff to work more flexibly up to and beyond retirement age.
If you are a member with 1995 Section benefits from 1 April 2023 you will…
Make Contribution Payments (MCP) update
The Stakeholder Engagement Team, working with the Digital Project Team, have been continuing the rollout of our new financial information collection service, MCP. Over 30% of employers are now on-boarded to the service. If you have been sent an on-…
What happens to your pension when you die
The NHS Pension Scheme provides members with life assurance cover and lump sum benefits that can help to look after your loved ones after you’re gone.
As a pensioner member, your family or someone you have nominated may be eligible to receive a…
Final pay controls
The aim of the final pay control regulations in the 1995 Section of the NHS Pension Scheme is to protect the NHS Pension Scheme against the costs of excessive increases in pensionable pay at or before retirement.
Employers are charged if they give…
Transferring in
Time limits
Time limits apply to all transfer applications, including a transfer of additional voluntary contributions to one of our Money Purchase Additional Voluntary Contributions providers.
If an employee is not a member of the main Scheme,…
Further update on annual allowance statements
Further to guidance issued on 10 October 2019, we would like to update members on annual allowance statements.
We issued annual allowance statements through our automation process, meeting the legislative deadline of 6 October 2019. However, we…
Disclosure of senior managers’ remuneration (Greenbury) 2020
We anticipate that the Greenbury functionality within Pensions Online (POL) will be available from Monday 6 January 2020.
Requests for disclosure information should be received by NHS Pensions between 6 January 2020 and Friday 28 February 2020 to…
Stakeholder Engagement update
The last 12 months have been an exciting time for the Stakeholder Engagement Team, appointing a further 5 Stakeholder Engagement Managers to build on the support we offer employers nationwide.
We have also seen a steady increase in both the volume…
Important news if you've received a 1995/2008 Scheme pension savings statement for 2023/24
You may have received a 1995/2008 Scheme pension savings statement showing a pension input amount for tax year 2023/24 in brackets, ‘£(10,987.60)', for example. This means that the figure is a negative pension input amount.
You need to read the…